Technical Outlook - Nasdaq |
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Nasdaq100...1959.79... ST trend: weak uptrend A marginal new high at 2001 was recorded last week but then the index once again returned to the 1961 key level. The ST trend is still defined as weak uptrend (from the 1669 low) and thus gains twd 2014 cannot be ruled out. However the loss of upside momentum would likely prevent further steep gains from there and the prices are expected to stay well below the 2047 important level. On the downside, sustained trading below the
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